Singapore debt listings Thursday: ONGC, OCBC, Kenbourne Invest, ROHM, Ocean Funding
These are companies which announced debt listing confirmations on Thursday, 5 December 2019: OCBC, Rohm, Ocean Funding 2019-1, ONGC and Kenbourne Invest.
U.S. dollar
Nothing but blue skies in November, BofA-ML fund managers survey finds
All it took was another rate cut: Economic growth expectations surged and risk-taking took off in November, according to the Bofa-ML fund managers survey.
Why interest rates are heading toward zero (even in the US)
The ECB’s decision to cut rates is a “game changer,” set to force the hand of the Fed, Markus Schomer, chief economist at PineBridge, said Monday.
SGX September commodity derivatives trade rises amid trade war concerns
SGX reported Friday its September commodities derivatives volume climbed as price volatility in physical markets spurred demand for risk-management tools.
These investors are driving new demand for gold
Gold, already enjoying a rally on increased geopolitical tension, is getting a demand fillip from new Shariah-compliant investors seeking a safe-haven play.
DBS: Time to add more gold to portfolios
Markets may have recovered from their fourth quarter ructions, but DBS is advising adding more gold to portfolios to stave off the effects of continued volatility.
Fed’s Rosengren: Inverted yield curve is different this time
The yield curve inversion in the U.S. may have set off a fresh round of market jitters, but Eric Rosengren, president of the U.S. Federal Reserve Bank of Boston, said on Tuesday that it’s no longer a reliable recession signal.
UPDATE: Evans and Yellen agree, inverted yield curve is a damp squib
The inversion of the U.S. yield curve may have convinced many market participants that the sky is falling, or at least, a recession is looming, but at least two central bankers are unimpressed.
Yellen: This is the root cause of disruptions facing central bankers
The disruptions and uncertainty central bankers have been dealing with over the past few years have one root cause, said Yellen on Monday.
Yellen: Central bankers don’t have enough bullets in their policy guns
Former Federal Reserve chief Janet Yellen said on Monday that global central banks don’t have enough bullets in their policy guns to deal with a crisis.
Insider Stories: Bank Indonesia will maintain rupiah stability via regular auctions
Bank Indonesia will move quickly to keep the rupiah stable, said Nanang Hendarsah, an executive director at the central bank, Insider Stories reported.
Forex trends: US dollar tumbles in wake of dovish comments from Fed
The U.S. dollar dropped sharply in the wake of dovish comments from the U.S. Federal Reserve, marking what could be a sea-change in its long-drawn…
Forex trends Friday: British pound rallies on expectations no-deal Brexit will be avoided
Brexit bickering continued in the U.K., but sterling rallied on Thursday, while the euro recovered early losses after the European Central Bank kept policy unchanged,…
Asia market trends Friday: Sentiment buoyant despite renewed US-China trade concerns
Asian markets appear buoyant heading into the open on Friday, despite renewed concerns that the U.S. trade war with China might not see a rapprochement…
Forex trends Thursday: Euro gains despite downbeat growth signals
The euro gained against the dollar, but Kathy Lien, managing director of foreign-exchange strategy at BK Asset Management, said that was on short-covering, not economic…
Asia market trends Thursday: Concerns over global economic growth to damp sentiment
Markets globally continue to fret over signs of slowing global economic growth, and Asia shares may open trade on Thursday under a cloud. “Against a…
Forex trends Wednesday: Sterling rises despite few signs Brexit ‘plan B’ will gain traction
Sterling was higher on Tuesday despite U.K. Prime Minister Theresa May’s Brexit plan B appearing unlikely to cut the mustard with parliament any better than…
Asia market trends Wednesday: Economic growth concerns set to weigh shares
Concerns over slowing economic growth were set to weigh Asian markets on Wednesday, after dunking Wall Street on Wednesday amid weak home sales data. In…
Forex trends Tuesday: Brexit developments likely in focus
Foreign-exchange markets will likely be eyeing the latest Brexit developments on Tuesday, with U.K. Prime Minister Theresa May aiming for a “plan B” deal that…
Asia market trends Tuesday: Growing pessimism over global economic outlook
Asian markets will open Tuesday with fresh signs of pessimism over the outlook for global economic growth. Wall Street will provide few cues on Tuesday…
Forex trends Monday: US government shutdown appears to boost dollar
The U.S. dollar has risen since Friday, despite growing worries the U.S. government shutdown could begin to bite into economic growth. Over the weekend, U.S. President…
Asia market trends Monday: Optimism over US-China trade talks may boost shares
Asia’s markets may gain on Monday, tracking rallies on Wall Street on Friday amid optimism that the U.S. trade war with China may be approaching…
Forex trends Friday: Indonesia’s rupiah could drop if market volatility persists, economist warns
Foreign exchange trading of the majors was on the quiet side on Thursday, but while Indonesia’s rupiah was rangebound after the central bank kept rates…
Asia market trends Friday: Potential boost from hopes US-China trade war may ease
Asian markets may head into the weekend on a high note, potentially tracking Wall Street gains amid signs that U.S.-China trade talks could result in…
Forex trends Thursday: Euro slips amid slowing economic growth, but pound shrugs off Brexit drama
The euro lost ground on Wednesday amid dovish comments from the ECB, but the British pound was fairly steady despite the uptick in Brexit drama….
Asia market trends Thursday: Goldman, BofA earnings beats boost sentiment as Brexit gets a shrug
Asian shares may rise on Thursday, getting a fillip from a buoyant Wall Street after big banks Goldman Sachs and Bank of America reported earning…
Forex trends Wednesday: Sterling likely in focus as next Brexit moves eyed
The pound sterling dropped and then recovered on Tuesday as the U.K. Parliament voted overwhelmingly to reject the Brexit deal currently on the table. The…
Asia market trends Wednesday: Brexit concerns may rattle traders
Asia markets may face a choppy open on Wednesday, as concerns over Brexit may be in focus after the U.K. Parliament overwhelmingly rejected the current…
Forex trends Tuesday: Parliament’s Brexit vote closely eyed for sterling direction
The pound sterling may have steadied from its recent losses, but Kathy Lien, managing director of foreign-exchange strategy at BK Asset Management, is calling it…
Asia market trends Tuesday: China concerns may continue to weigh shares
Asian markets are expected to open on Tuesday with negative leads, as Wall Street and oil prices fell, weighed by fresh concerns over slowing economic…
Forex trends Monday: Euro retraces some recent gains amid weaker economic data
The euro gave up some of its recent gains on Friday, while the pound sterling retraced some of its recent losses on hopes the U.K….
Asia market trends Monday: US shutdown, Brexit worries may stall recovery
Shares around the region may stumble on Monday, tracking a trading hiccup on Wall Street on Friday, as geopolitical worries weighed on sentiment, potentially ending…
Forex trends Friday: Euro rallies against dollar; DBS forecasts weaker Singapore dollar
The euro rallied on Thursday amid further dovish signals from U.S. policy makers, while DBS forecast that the Singapore dollar would depreciate this year. In…
Asia market trends Friday: Wall Street extends post-Christmas rally
Asian markets may end the week on a positive note after Wall Street extended gains on Thursday for a fifth straight session amid signs the…
Forex trends Thursday: ‘Dovish’ Fed minutes weigh on greenback
The U.S. dollar extended recent declines on Wednesday as the release of the latest Fed meeting minutes spurred expectations the central bank may take a…
Asia market trends Thursday: Optimism over US-China trade talks may fade
Asian markets may stumble on Thursday after a days-long rally, with Japan’s shares opening lower as regional traders may not share Wall Street’s unfettered optimism over…
Forex trends Wednesday: Dollar retraces some recent losses
The dollar steadied and regained some lost ground on Tuesday, as markets walked back some of their more-dovish expectations for U.S. interest rates. Traders had…
Asia market trends Wednesday: Rally may extend amid optimism over US-China trade talks
Asian markets may extend their recent rally on Wednesday, catching some of Wall Street’s optimism that the ongoing trade talks between the U.S. and China…
Forex trends Tuesday: US dollar slumps as Powell comments dampen rate hike view
The U.S. dollar retreated Monday, with currencies across much of Asia stronger against the greenback, as U.S. Federal Reserve chief Jerome Powell’s comments last week spurred…
Asia market trends Tuesday: US-China trade talks may spur market optimism
Asian shares may eke out further gains on Tuesday, potentially tracking Wall Street’s rise as U.S.-China trade talks began. As negotiations commenced Monday, markets appeared optimistic…